JCI Weekend Reddened To Level 6,244.10

Illustration. (Photo: Unsplash)

JAKARTA - The Jakarta Composite Index (JCI) closed again in the red zone. JCI closed down 5.10 points or 0.08 percent to 6,244.10 in trading Friday, January 24.

A total of 160 stocks rose, 232 stocks fell, and 148 were stagnant. The trading volume reached 6.28 billion shares with a transaction value of IDR 6.34 trillion.

Binaartha Sekuritas analyst, M. Nafan Aji Gustama said, the decline in the JCI was due to the lack of global and domestic macroeconomic data which gave a positive high market impact on the market.

"On the other hand, the slowdown in global economic growth has also overshadowed index growth. This was also exacerbated by the outbreak of the corona virus which also contributed to negative sentiment for the JCI in particular," Nafan told VOI, Friday, January 24.

At the close of trading this afternoon, stocks moving in the ranks of top gainers included PT Royalindo Investa Wijaya Tbk (INDO) which rose 34.69 percent to IDR198 per share, PT Limas Indonesia Makmur Tbk (LMAS) which rose 19, 23 percent to Rp155 per share, and PT Indofarma (Persero) Tbk (INAF) which rose 14.20 percent to Rp925 per share.

Meanwhile those in the top losers ranks, including PT Bumi Resources Tbk (BUMI) which fell 8.20 percent to IDR 56 per share, PT Wilton Makmur Indonesia Tbk (SQMI) which fell 5.56 percent to IDR272 per share, and PT Tiphone Mobile Indonesia Tbk (TELE) which fell 3.12 percent to Rp248 per share.